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8:05 Mc Graw Hill Superior Company provided the following information before recording bad debt expense for the year. Net credit sales are $129,500. Historical percentage

8:05 Mc Graw Hill Superior Company provided the following information before recording bad debt expense for the year. Net credit sales are $129,500. Historical percentage of uncollectible credit sales is 3%. Allowance for doubtful accounts balance is $550. Accounts receivables balance is $48,000. What is the bad debt expense using the percentage of credit sales method? Multiple Choice 42 $3,335. $4,435. $3,885. $1,440 3 44 < Prev 7 of 50 Next > G Search or type URL 50 85 6 29 8 6

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